For over 50 years, the ability to travel to Cuba and do business or trade with Cuban nationals has been governed by a byzantine set of regulations administered by the Department of Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and Security (BIS). Continue reading “Important Changes to Byzantine Cuban Assets Control Regulations”
Tag: amended regulations
Bridging the Divide: Cuba Today
For the last half a century, the United States and Cuba have been separated by more than just the 247 miles between the Port of Miami and the Puerto de la Habana. Because of the economic embargo in place for much of that time, the two countries have been worlds apart. Continue reading “Bridging the Divide: Cuba Today”
Bridging the Gap to Cuba
Last December, President Barack Obama announced a series of changes to the United States’ policy toward Cuba. The most significant changes, from a foreign policy perspective, included restoring diplomatic relations with Cuba and opening a U.S. embassy in Havana. But the announced changes also included easing the restrictions on the ability of Americans to travel to and do business with Cuba. Recently, the current administration promulgated amended regulations implementing the policy changes President Obama announced in December. Continue reading “Bridging the Gap to Cuba”